French energy giant TotalEnergies SE said it will no longer aim to reach net zero emission targets by 2050, citing nations’ slower-than-expected shift away from fossil fuels and more stringent European Union regulations.
French energy giant TotalEnergies SE said it will no longer aim to reach net zero emission targets by 2050, citing nations’ slower-than-expected shift away from fossil fuels and more stringent European Union regulations.
Oil major TotalEnergies SE, which is diversifying into renewable and gas-fired electricity output, struck a 12-year deal to buy Electricite de France SA’s nuclear power to feed its French refineries and chemical sites.
Oil major TotalEnergies SE, which is diversifying into renewable and gas-fired electricity output, struck a 12-year deal to buy Electricite de France SA’s nuclear power to feed its French refineries and chemical sites.
Residential homes near an EDF nuclear power station near Montelimar, France.
The Trump administration released TotalEnergies SE and its partners from $1 billion in offshore wind leases so the French energy giant can redirect those funds into oil and natural gas investments in the US.
The Trump administration released TotalEnergies SE and its partners from $1 billion in offshore wind leases so the French energy giant can redirect those funds into oil and natural gas investments in the US.
An offshore wind turbine. Photographer: Dhiraj Singh/Bloomberg
French nuclear startups Jimmy Energy SAS and Calogena are raising €80 million ($93 million) and about €100 million, respectively, to complete the design of their small modular reactors.
French nuclear startups Jimmy Energy SAS and Calogena are raising €80 million ($93 million) and about €100 million, respectively, to complete the design of their small modular reactors.
Group of Seven energy ministers will meet in Paris on Tuesday as they continue to debate a possible release of oil reserves to stabilize markets, according to French Finance Minister Roland Lescure.
Group of Seven energy ministers will meet in Paris on Tuesday as they continue to debate a possible release of oil reserves to stabilize markets, according to French Finance Minister Roland Lescure.
Roland Lescure Photographer: Omar Havana/Bloomberg
Group of Seven energy ministers will meet in Paris on Tuesday as they continue to debate a possible release of oil reserves to stabilize markets, according to French Finance Minister Roland Lescure.
Group of Seven energy ministers will meet in Paris on Tuesday as they continue to debate a possible release of oil reserves to stabilize markets, according to French Finance Minister Roland Lescure.
Roland Lescure Photographer: Omar Havana/Bloomberg
After four years of taking a cautious approach to deals, Engie SA Chief Executive Officer Catherine MacGregor made her biggest acquisition yet with a £10.5 billion ($14.2 billion) bet on UK electricity grids.
After four years of taking a cautious approach to deals, Engie SA Chief Executive Officer Catherine MacGregor made her biggest acquisition yet with a £10.5 billion ($14.2 billion) bet on UK electricity grids.
US Bitcoin miner MARA Holdings Inc. completed its purchase of a majority stake in a data center unit owned by Electricite de France SA, with the government signing off on condition that a French investor take a stake.
US Bitcoin miner MARA Holdings Inc. completed its purchase of a majority stake in a data center unit owned by Electricite de France SA, with the government signing off on condition that a French investor take a stake.
MARA Holdings Inc. signage on an options contract ticker at the New York Stock Exchange (NYSE) in New York.
France will release a tanker after hitting it with a multimillion-euro fine for flouting European sanctions on Russian oil, following its seizure in the Mediterranean Sea last month.
France will release a tanker after hitting it with a multimillion-euro fine for flouting European sanctions on Russian oil, following its seizure in the Mediterranean Sea last month.
Swedish utility Vattenfall AB is poised to exit the French energy retail market, as prices decline and power distributors no longer have the option to buy discounted power from Electricite de France SA.
Swedish utility Vattenfall AB is poised to exit the French energy retail market, as prices decline and power distributors no longer have the option to buy discounted power from Electricite de France SA.
Electricite de France SA said growing solar and wind generation was increasing equipment wear and maintenance costs at its nuclear reactors, which are forced to reduce output when power demand is insufficient.
Electricite de France SA said growing solar and wind generation was increasing equipment wear and maintenance costs at its nuclear reactors, which are forced to reduce output when power demand is insufficient.
The power glut is pushing prices lower, which is complicating EDF’s efforts to finance plans for six new reactors to replace some France's aging units. Photographer: Nathan Laine/Bloomberg
Electricite de France SA said growing solar and wind generation was increasing equipment wear and maintenance costs at its nuclear reactors, which are forced to reduce output when power demand is insufficient.
Electricite de France SA said growing solar and wind generation was increasing equipment wear and maintenance costs at its nuclear reactors, which are forced to reduce output when power demand is insufficient.
The power glut is pushing prices lower, which is complicating EDF’s efforts to finance plans for six new reactors to replace some France's aging units. Photographer: Nathan Laine/Bloomberg
France has scaled back plans to expand solar and onshore wind capacity as it grapples with political tensions over energy policy and a power surplus driven by a slower-than-expected shift away from fossil fuels.
France has scaled back plans to expand solar and onshore wind capacity as it grapples with political tensions over energy policy and a power surplus driven by a slower-than-expected shift away from fossil fuels.
A series of office towers in Paris’s financial district are being taken over by lenders or are set for cut-price sales as the area grapples with a soaring vacancy rate and collapsing valuations.
A series of office towers in Paris’s financial district are being taken over by lenders or are set for cut-price sales as the area grapples with a soaring vacancy rate and collapsing valuations.
The La Defense financial district in Paris. Photographer: Nathan Laine/Bloomberg
France’s navy boarded an oil tanker coming from Russia into the Mediterranean Sea, as part of a global crackdown on shadow fleet ships used to export sanctioned crude.
France’s navy boarded an oil tanker coming from Russia into the Mediterranean Sea, as part of a global crackdown on shadow fleet ships used to export sanctioned crude.
France is lagging behind targeted cuts in greenhouse gas emissions, adding to signs that Europe’s largest economies will struggle to reach their 2030 climate goals.
France is lagging behind targeted cuts in greenhouse gas emissions, adding to signs that Europe’s largest economies will struggle to reach their 2030 climate goals.
The Eiffel Tower and city rooftops during cold weather in central Paris. Photographer: Benjamin Girette/Bloomberg
French oil-field surveyor Viridien SA could potentially sell its land and marine seismic equipment business, allowing it to focus on reservoir data-processing and possibly cut debt faster.
French oil-field surveyor Viridien SA could potentially sell its land and marine seismic equipment business, allowing it to focus on reservoir data-processing and possibly cut debt faster.
The Viridien Group pavilion in the exhibition hall at the African Energy Week (AEW) conference in Cape Town, South Africa, on Tuesday, Sept. 30, 2025. Texas Senator Ted Cruz pledged deeper American investment in Africa’s energy industry, casting the US as a strategic alternative to China. Photographer: Dwayne Senior/Bloomberg
Electricite de France SA raised its cost estimates for the six nuclear reactors it plans to build in its home country by 8% to €72.8 billion ($85 billion), highlighting the funding challenge faced by the state-owned utility as construction costs continue to rise.
Electricite de France SA raised its cost estimates for the six nuclear reactors it plans to build in its home country by 8% to €72.8 billion ($85 billion), highlighting the funding challenge faced by the state-owned utility as construction costs continue to rise.
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said rising demand for oil will help to underpin prices, despite their recent slump on growing concerns about a global surplus.
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said rising demand for oil will help to underpin prices, despite their recent slump on growing concerns about a global surplus.
Patrick Pouyanne Photographer: Benjamin Girette/Bloomberg
France is seeking to delay a European Union vote scheduled for this week on a free-trade agreement with some of the largest South American economies, saying that measures to protect the bloc’s farmers and consumers are insufficient.
France is seeking to delay a European Union vote scheduled for this week on a free-trade agreement with some of the largest South American economies, saying that measures to protect the bloc’s farmers and consumers are insufficient.
Sebastien Lecornu, France's prime minister, leaves the Elysee Palace in Paris, France, on Tuesday, Oct. 14, 2025. Lecornu was reappointed on Friday, just four days after resigning amid political infighting.
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